Sequans Stock Discussion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sequans Stock Discussion

SQNS 7.630

-1.8%

Oct 30 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: y2k_yes who wrote (140)	3/2/2021 12:10:11 PM
From: GaryMi	1 Recommendation Recommended By JCnieuwenj of 222

Re: Indeed! Indeed! Indeed! The sell off we got was perhaps a little deeper than I expected, but it wasn't a surprise. Definitely has attracted some traders but I'm in it for a $30 bump, not a $3 bump. I'm worried about Q1 for a few reasons. 1) Q1 is always seasonally soft. 2) The known supply chain issue affecting TSMC and thus Sequans 3) We got the pandemic broadband boost in Q1 last year that is dissipating. 4) Georges said they had excess broadband supply at the operator (Franklin Wireless) 5) Georges hoped to get some Q1 revenue from the satellite deal that was supposed to close "any day now". 6) Added expense with the opening of the new office in Norway. Despite these factors Earnings Whisper has estimates of $14.29 million and $(0.25) for Q1. Regardless of the fact that Sequans gave no guidance, the company will still be judged on whether it missed or beat. I'm thinking it is likely to be judged a miss in Q1. If we get a similar run-up going into Q1 I'll sell some and plan to buy the dip if that happens. So I'm looking to Q2 or Q3 to really establish the new revenue trend and get the share price moving up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next